ARCAUS: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
ARCAUS
Largest movements
- Cash +€142,093
up €142,093 (+74.8%), from €189,987 to €332,080
mainly Receivables within one year (+€73,359) and Other debts (+€48,110)
- Receivables within one year -€73,359
down €73,359 (-99.3%), from €73,890 to €531
of which Trade receivables: -€66,718
- Tangible fixed assets +€7,136
up €7,136 (+14.7%), from €48,613 to €55,749
of which Other tangible fixed assets: +€16,015
- Other debts +€48,110
up €48,110 (+8250.7%), from €583 to €48,693
- Tax, wage and social debts +€17,621
up €17,621 (+77.9%), from €22,634 to €40,255
of which Taxes: +€17,621
- Profit (loss) carried forward +€16,849
up €16,849 (+6.3%), from €268,263 to €285,112
- Debts after one year -€6,114
no longer reported in 2025 (was €6,114)
- Financial charges -€27,268
down €27,268 (-27.5%), from €99,033 to €71,766
- Gross operating margin -€18,934
down €18,934 (-14.8%), from €128,235 to €109,300
- Depreciation +€2,283
up €2,283 (+19.9%), from €11,492 to €13,775
- Taxes +€1,599
up €1,599 (+30.0%), from €5,338 to €6,937
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €313,739 | €389,542 | +€75,803 | +24.2% |
| Fixed assets | 21/28 | €48,633 | €55,769 | +€7,136 | +14.7% |
| Tangible fixed assets | 22/27 | €48,613 | €55,749 | +€7,136 | +14.7% |
| Furniture and vehicles | 24 | €16,390 | €7,511 | -€8,878 | -54.2% |
| Other tangible fixed assets | 26 | €32,223 | €48,238 | +€16,015 | +49.7% |
| Financial fixed assets | 28 | €20 | €20 | = | 0.0% |
| Current assets | 29/58 | €265,106 | €333,773 | +€68,667 | +25.9% |
| Amounts receivable within one year | 40/41 | €73,890 | €531 | -€73,359 | -99.3% |
| Trade receivables | 40 | €66,718 | - | -€66,718 | |
| Other amounts receivable | 41 | €7,172 | €531 | -€6,642 | -92.6% |
| Cash at bank and in hand | 54/58 | €189,987 | €332,080 | +€142,093 | +74.8% |
| Deferred charges and accrued income | 490/1 | €1,230 | €1,162 | -€68 | -5.5% |
| Total equity and liabilities | 10/49 | €313,739 | €389,542 | +€75,803 | +24.2% |
| Equity | 10/15 | €276,323 | €293,172 | +€16,849 | +6.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €268,263 | €285,112 | +€16,849 | +6.3% |
| Amounts payable | 17/49 | €37,416 | €96,370 | +€58,954 | +157.6% |
| Amounts payable after more than one year | 17 | €6,114 | - | -€6,114 | |
| Financial debts | 170/4 | €6,114 | - | -€6,114 | |
| Amounts payable within one year | 42/48 | €31,302 | €96,370 | +€65,068 | +207.9% |
| Current portion of amounts payable after more than one year | 42 | €8,085 | €6,114 | -€1,971 | -24.4% |
| Trade debts | 44 | - | €1,308 | +€1,308 | |
| Suppliers | 440/4 | - | €1,308 | +€1,308 | |
| Taxes, remuneration and social security | 45 | €22,634 | €40,255 | +€17,621 | +77.9% |
| Taxes | 450/3 | €17,634 | €35,255 | +€17,621 | +99.9% |
| Remuneration and social security | 454/9 | €5,000 | €5,000 | = | 0.0% |
| Other amounts payable | 47/48 | €583 | €48,693 | +€48,110 | +8250.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,492 | €13,775 | +€2,283 | +19.9% |
| Other operating charges | 640/8 | €1,526 | €1,112 | -€414 | -27.2% |
| Gross operating margin | 9900 | €128,235 | €109,300 | -€18,934 | -14.8% |
| Operating profit (loss) | 9901 | €115,217 | €94,414 | -€20,803 | -18.1% |
| Financial income | 75/76B | €1,650 | €1,997 | +€347 | +21.0% |
| Recurring financial income | 75 | €1,650 | €1,997 | +€347 | +21.0% |
| Financial charges | 65/66B | €99,033 | €71,766 | -€27,268 | -27.5% |
| Recurring financial charges | 65 | €99,033 | €71,766 | -€27,268 | -27.5% |
| Profit (loss) for the period before taxes | 9903 | €17,833 | €24,645 | +€6,812 | +38.2% |
| Income taxes | 67/77 | €5,338 | €6,937 | +€1,599 | +30.0% |
| Profit (loss) for the period | 9904 | €12,496 | €17,708 | +€5,213 | +41.7% |
| Profit (loss) for the period to be appropriated | 9905 | €12,496 | €17,708 | +€5,213 | +41.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.